ECONOMIC TIMES AGAIN MISLEADS THE INVESTORS: SEBI SHOULD MONITOR THEIR ACTIVITIES:Economic Times has again come up with a misleading interview with Shankar Sharma. I have tried to write this bit of information on their web-site, but could not do so--may be my IP address has been blocked by this "Bania Company".Economic Times should stop misleading readers/viewers of their newspaper/website. It is absolutely false to call this fellow an, “Ace marketer or an ex-Citi banker with an established track record of stock calls on the index -- including rightly sensing a market crash around the corner in 2008".Seasoned investors can very well remember that it was Shankar Sharma who was calling for the Sensex level of 25, 000 when the crash actually happened. Again when he said the Sensex would go down to 6000 or may be 4000 following "Radioactive half life theory", it actually moved to 12, 500. So let Economic Times not fool those who have been reading his bullshits, with patience and reacting so that genuine investors do not fall prey to his nonsensical utterings.After failing on his perditions made recently, he now tries to divert issues saying, if some stocks were there in the indices, Sensex would have been at 15, 000 or 16000. So I ask him, what would have been the value of Sensex, if some of my recommended counters which nearly doubled in the last 3 months, were part of the Sensex, when they were at 16000?Morever, his call last time was on the Indices and not on the broader market---HENCE HE IS WRONG THIS TIME ALSO and this is a wrong way to view things.He says, "It happened in 2007, it happened in the late 1999, early 2000 rally in which just the technology space was driving markets while the broad markets had sold off not just in India but globally. So these kinds of markets can run a while".This kind of preparatory rally for a FULL FLEDGED BROAD BASED rally is not new in the Indian markets. It did not happen in 2007, but it happened in the whole of 2005--06. In 2007, it was more or less a bubble like rally which ultimately crashed in the Arabian Sea, after few months.Also in 2000, there was a crash after 10th March, 2010 as the dot.com bubble busted--the seasoned investors can very well remember. But how is this rally related to that, when most of the sectors participated in the current rally, except some aberrations. Can you compare milk with curd?He talks about negative on Crude Oil prices; but we know he has been negative when it was at $35 per barrel, while it moved up steadily. Moreover, some days ago Reliance Industries Ltd moved to above Rs.1040, spiking the indices.So readers can very well ignore the whole interview of this misnomer in the Indian stock market. I do not know why the Economic Times/other business channels are bent on giving so much publicity to this failed marketmen, who was indicted by the authorities for manipulating the markets some years back---this is a case of jaundiced reporting.SEBI or other appropriate authorites should BAN this fellow from making any statments on the markets, like they banned Anuruddh Sethi some years back, for misleading the investors--sooner they do, better it will be for the investors/traders in the Indian stock market. Business dailies or Business Channels should stop prostitution of the news and views for grabbing the eye balls.tags::valuenotes,web developers, tv5money, ayodhya verdict postponed

ECONOMIC TIMES AGAIN MISLEADS THE INVESTORS: SEBI SHOULD MONITOR THEIR ACTIVITIES:
Economic Times has again come up with a misleading interview with Shankar Sharma. I have tried to write this bit of information on their web-site, but could not do so--may be my IP address has been blocked by this "Bania Company".
Economic Times should stop misleading readers/viewers of their newspaper/website. It is absolutely false to call this fellow an, “Ace marketer or an ex-Citi banker with an established track record of stock calls on the index -- including rightly sensing a market crash around the corner in 2008".

Seasoned investors can very well remember that it was Shankar Sharma who was calling for the Sensex level of 25, 000 when the crash actually happened. Again when he said the Sensex would go down to 6000 or may be 4000 following "Radioactive half life theory", it actually moved to 12, 500. So let Economic Times not fool those who have been reading his bullshits, with patience and reacting so that genuine investors do not fall prey to his nonsensical utterings.
After failing on his perditions made recently, he now tries to divert issues saying, if some stocks were there in the indices, Sensex would have been at 15, 000 or 16000. So I ask him, what would have been the value of Sensex, if some of my recommended counters which nearly doubled in the last 3 months, were part of the Sensex, when they were at 16000?
Morever, his call last time was on the Indices and not on the broader market---HENCE HE IS WRONG THIS TIME ALSO and this is a wrong way to view things.
He says, "It happened in 2007, it happened in the late 1999, early 2000 rally in which just the technology space was driving markets while the broad markets had sold off not just in India but globally. So these kinds of markets can run a while".
This kind of preparatory rally for a FULL FLEDGED BROAD BASED rally is not new in the Indian markets. It did not happen in 2007, but it happened in the whole of 2005--06. In 2007, it was more or less a bubble like rally which ultimately crashed in the Arabian Sea, after few months.
Also in 2000, there was a crash after 10th March, 2010 as the dot.com bubble busted--the seasoned investors can very well remember. But how is this rally related to that, when most of the sectors participated in the current rally, except some aberrations. Can you compare milk with curd?
He talks about negative on Crude Oil prices; but we know he has been negative when it was at $35 per barrel, while it moved up steadily. Moreover, some days ago Reliance Industries Ltd moved to above Rs.1040, spiking the indices.
So readers can very well ignore the whole interview of this misnomer in the Indian stock market. I do not know why the Economic Times/other business channels are bent on giving so much publicity to this failed marketmen, who was indicted by the authorities for manipulating the markets some years back---this is a case of jaundiced reporting.
SEBI or other appropriate authorites should BAN this fellow from making any statments on the markets, like they banned Anuruddh Sethi some years back, for misleading the investors--sooner they do, better it will be for the investors/traders in the Indian stock market. Business dailies or Business Channels should stop prostitution of the news and views for grabbing the eye balls.

tags::valuenotes,web developers, tv5money, ayodhya verdict postponed